Morning News Bites – May 5

Reserve Bank Tuesday – The RBA are set to meet today for their monthly meeting as Italy set to return to work next week after a 2 month COVID-19 isolation

  • Qantas net debt is now around $5.8 billion, International flight cancellations to continue until July and domestic flight cancellations extended to end of June 2020.
  • Blind Calf diamond drill results confirm observations (0.6m at 5.81% Cu from 165m) at Lachlan copper gold project in New South Wales with Talisman Mining.
  • Multiple gold in soil anomalies found with Dreadnought Resources Metzke`s Find Prospect south west of Leonora. An RC drilling program has been underway and now drilling of targets is expected this month.
  • A project within 100km of the Perth metro area is underway at Julimar with Chalice Gold Mines. Matrix sulphide zones and broad zones of disseminated sulphides at the Ni, Cu. PGE project
  • Drilling recommences at Apollo Hill – Hanging wall for Saturn Metals. An additional 5000m of RC is planned for May and June 2020.

Saturn Metals back on site – Pic Saturn Metals website

 

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